BOARDWALK CASINO INC
SC 13G, 1996-10-16
HOTELS & MOTELS
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<PAGE>
 
                      SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C. 20549

                                 SCHEDULE 13G

                   Under the Securities Exchange Act of 1934
                              (Amendment No. 1)*


                            BOARDWALK CASINO, INC.
                            ----------------------
                               (Name of Issuer)


                         $.001 PAR VALUE COMMON STOCK
                         ----------------------------
                        (Title of Class of Securities)


                                  096612 10 6
                                  -----------
                                (CUSIP Number)


     Check the following box if a fee is being paid with this statement /  /.
(A fee is not required only if the filing person: (1) has a previous statement
on file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7).

     *The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior page.

     The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

                        (Continued on following page(s))

                               Page 1 of 4 Pages
<PAGE>
 
CUSIP No. 096612 10 6                 13G                      Page 2 of 4 Pages
          -----------                        



- --------------------------------------------------------------------------------
(1) Name of Reporting Person, S.S. or I.R.S. Identification Nos. of Above Person

Norbert W. Jansen
- --------------------------------------------------------------------------------
(2) Check the Appropriate Box if a Member of a Group*  (a)  / /
                                                       (b)  / /


- --------------------------------------------------------------------------------
(3) SEC Use Only


- --------------------------------------------------------------------------------
(4) Citizenship or Place of Organization

USA
- --------------------------------------------------------------------------------
Number of Shares Beneficially    (5) Sole Voting Power        3,195,089
Owned by Each Reporting          -----------------------------------------------
Person With                      (6) Shared Voting Power         15,000
                                 -----------------------------------------------
                                 (7) Sole Dispositive Power   3,195,089
                                 -----------------------------------------------
                                 (8) Shared Dispositive Power    15,000

- --------------------------------------------------------------------------------
(9) Aggregate Amount Beneficially Owned by Each Reporting Person

3,210,089 (please see notes 1 and 2)
- --------------------------------------------------------------------------------
(10) Check Box if the Aggregate Amount in Row (9) Excludes Certain Shares*


- --------------------------------------------------------------------------------
(11) Percent of Class Represented by Amount in Row (9)


43.8
- --------------------------------------------------------------------------------
(12) Type of Reporting Person*

IN
- --------------------------------------------------------------------------------
                      *SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
 
                                                               Page 3 of 4 Pages

ITEM 1(a).  NAME OF ISSUER:  Boardwalk Casino, Inc.

      (b).  ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

                 3750 Las Vegas Boulevard South
                 Las Vegas, Nevada 89109

ITEM 2(a).  NAME OF PERSON FILING:  Norbert W. Jansen

      (b).  ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE:

                 3750 Las Vegas Boulevard South
                 Las Vegas, Nevada 89109

      (c).  CITIZENSHIP:  U.S.A.

      (d).  TITLE OF CLASS OF SECURITIES:    Common Stock, $.001 par value

      (e).  CUSIP NUMBER:  096612 10 6

ITEM 3.     RULES 13D-1(B) OR 13D-2(B):  Not applicable.

ITEM 4.     OWNERSHIP:

        (a) AMOUNT BENEFICIALLY OWNED:  3,210,089 shares

        (b) PERCENT OF CLASS:  43.8%

        (c) Norbert W. Jansen and Avis Jansen, Trustees U/A/D 07/14/93 (the
            "Trust") has sole power to vote and to dispose of 3,067,589 shares.
            Mr. Jansen is a co-trustee of the Trust. Mr. Jansen has sole power
            to vote and to dispose of an additional 127,500 shares and shares
            the power to vote and to dispose of 15,000 shares with his wife,
            Avis P. Jansen.

ITEM 5.     OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:  Not applicable.

ITEM 6.     OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:
            Not applicable.

ITEM 7.     IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
            THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY: Not
            applicable.

ITEM 8.     IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:  Not
            applicable.

ITEM 9.     NOTICE OF DISSOLUTION OF GROUP:  Not applicable.

ITEM 10.    CERTIFICATION:  Not applicable.
<PAGE>
 
                                                               Page 4 of 4 Pages

                                   SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

October 4, 1996
- -------------------------------------------------------------------------
Date

/s/ NORBERT W. JANSEN
- -------------------------------------------------------------------------
Signature

Norbert W. Jansen
- -----------------
Name/Title



Note 1:  Includes 142,500 shares of common stock that would result upon the
         exercise of vested options.

Note 2:  As computed under Rule 13(d) - 3(d)(1)(i).


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